Maverix Metals (CVE:MMX) Trading Up 4.7% – Here’s Why

Maverix Metals Inc (CVE:MMXGet Free Report)’s stock price was up 4.7% during mid-day trading on Monday . The company traded as high as C$5.82 and last traded at C$5.76. Approximately 110,721 shares were traded during trading, an increase of 466% from the average daily volume of 19,566 shares. The stock had previously closed at C$5.50.

Maverix Metals Trading Up 4.7%

The business has a fifty day moving average of C$5.76 and a 200-day moving average of C$5.76. The stock has a market capitalization of C$621.78 million and a price-to-earnings ratio of 230.40. The company has a debt-to-equity ratio of 8.45, a current ratio of 4.27 and a quick ratio of 4.16.

About Maverix Metals

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Maverix Metals Inc, a precious metals royalty and streaming company, engages in the exploration and development of mineral properties. The company explores for gold, silver, and other precious metals. It holds a portfolio of 46 development and exploration stage royalties in the United States, Canada, Australia, and internationally.

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